Government approves draft Resolution on Business Road Map-2020 program implementation
11:21, 11 May 2010
ANA. May 11. KAZINFORM /Serik Sabekov/ The Kazakh Government approved draft Resolution on implementation of the Business Road Map-2020 program introduced by Minister of Economic Development and Trade Zhanar Aitzhanova.
As the Minister noted, it is suggested to approve following rules: remuneration rate subsidization on banks' credits on all three directions of the program: "Support of new business initiatives", "Improvement of the business sector" and "Support of export-oriented productions".
Besides, in accordance with the draft Resolution the Ministry of Economic Development and Trade, local executive bodies, Damu Fund and second-tier banks will rely on model agreements on cooperation during agreements conclusion.
According to Vice Prime Minister Yerbol Orynbayev, there exists normative legal base and the private sector will be able to start implementation of the Road Map.